Commonwealth Equity Services LLC Sells 3,830 Shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Commonwealth Equity Services LLC cut its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,722 shares of the company’s stock after selling 3,830 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.34% of First Trust Nasdaq Artificial Intelligence and Robotics ETF worth $1,564,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ROBT. Thurston Springer Miller Herd & Titak Inc. lifted its stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 126.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock worth $57,000 after acquiring an additional 707 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth approximately $482,000. Private Advisor Group LLC lifted its position in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 16.6% in the 4th quarter. Private Advisor Group LLC now owns 5,750 shares of the company’s stock worth $259,000 after purchasing an additional 817 shares during the period. Elevation Wealth Partners LLC purchased a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF during the fourth quarter valued at approximately $49,000. Finally, MML Investors Services LLC increased its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 22.4% during the third quarter. MML Investors Services LLC now owns 17,352 shares of the company’s stock valued at $760,000 after buying an additional 3,178 shares during the period.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Stock Down 2.8 %

Shares of NASDAQ:ROBT opened at $41.23 on Friday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 52 week low of $36.91 and a 52 week high of $49.00. The firm has a 50 day moving average of $45.44 and a 200 day moving average of $45.14. The company has a market capitalization of $426.73 million, a price-to-earnings ratio of 24.89 and a beta of 1.22.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.